A crude oil tanker is pictured docking in the Maracaibo Lake in Maracaibo, Venezuela, on January 8, 2026. (Image used for representation)
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Moneycontrol09-01-2026, 20:15

US Forces Seize Fifth 'Ghost Fleet' Oil Tanker in Caribbean

  • US forces seized the oil tanker Olina in the Caribbean, suspected of carrying embargoed Venezuelan oil.
  • This marks the fifth such seizure in recent weeks, part of a US effort to prevent sanctioned oil from Venezuela.
  • The action was carried out by US Marines and Navy, involved in a monthslong buildup of forces in the region.
  • Homeland Security Chief Kristi Noem confirmed the Olina was attempting to evade US forces after departing Venezuela.
  • The seizures are part of the Trump administration's broader strategy to control global distribution of Venezuela's oil products.

Why It Matters: US forces continue to seize 'ghost fleet' oil tankers in the Caribbean to enforce Venezuelan oil embargo.

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